Quantum Exponential - Director Share Purchase
RNS Number : 2699F
Quantum Exponential Group PLC
03 November 2022

3 November 2022

Quantum Exponential Group plc

 (the 'Company' or 'Quantum Exponential')


Director Share Purchase

Quantum Exponential Group plc (AQUIS: QBIT), a company focused on investing in quantum technology, is pleased to announce that it has been informed that Nigel McNair Scott, Non-Executive Director, on 14 October 2022 purchased 500,000 Ordinary Shares of 5p each ('Ordinary Shares') in the Company at a price of 2p per Ordinary Share. The shares were purchased on behalf of Mr. McNair Scott's pension fund.

Mr. McNair Scott was given permission by the Board to purchase shares on 5 October 2022, in accordance with the Company's dealing policy.  He immediately gave instructions to his broker to purchase shares on his behalf.  The broker purchased the shares on 14 October 2022 however only notified Mr McNair Scott today, 3 November 2022 that the transaction had occurred.

Following this purchase, Mr. McNair Scott is beneficially interested in 10,750,000 Ordinary Shares, representing approximately 3.27 per cent. of the Company's issued share capital.


The Directors take responsibility for this announcement.




For more information, visit the Company's website: www.quantum-exponential.co.uk or contact:


Steven Metcalfe, Chief Executive Officer                c/o  quantum@stbridespartners.co.uk

Novum Securities  (AQSE Corporate Adviser)        Tel: +44 (0)20 7399 9400

David Coffman,  George Duxberry

Oberon Capital (Broker)                                                       Tel: +44 (0)20 3179 5344

Mike Seabrook, Chris Crawford

St Brides Partners Limited (Financial PR)                 quantum@stbridespartners.co.uk

Catherine Leftley, Ana Ribeiro, Isabelle Morris  

The information set out below is provided in accordance with the requirements of Article 19 of the Market Abuse Regulation


Details of the person discharging managerial responsibilities/person closely associated



Nigel McNair Scott


Reason for the notification



Non-Executive Director


Initial notification/Amendment

Initial Notification


Details of the issuer, emission allowance market participant, auction platform, auctioneer, or auction monitor



Quantum Exponential Plc





Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted


Description of the financial instrument

Identification code

Ordinary shares of 5p each


Nature of the transactions

Purchase of Ordinary Shares


Price(s) and volume(s)







Aggregated information

-  Aggregated volume

-  Price

N/A (Single transaction)



Date of the transaction

14 October 2022


Place of the transaction




About Quantum Exponential Group plc

Quantum Exponential is a first of its kind, AQSE Growth Market enterprise company, focused on opportunities in quantum technology and the wider quantum computing sector, with an advisory board made up of industry advisors, entrepreneurs, and technology investment professionals with broad access to quantum opportunities and markets. Quantum Exponential's investment strategy is to assemble a portfolio of minority investments in early-stage global quantum technology companies, primarily in NATO-allied countries, offering institutional and private investors access to revolutionising technologies and industries in the realms of artificial intelligence, manufacturing and healthcare.

Quantum Exponential trades on AQSE Growth Market under the ticker symbol "QBIT'.


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